The funds that the professionals prefer

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One question fund managers are often asked is, do you invest in your own fund?
If they have “skin in the game”, they are likely to perform better because
their own cash is at stake. Jackie Beard, of the fund research group
Morningstar, says: “We always ask managers whether they have money in their
funds. It means their interests are aligned with those of their investors.
It is confirmation that they believe in what they’re doing.”

But she adds: “It is difficult for investors in the UK to gain a clear picture
because there is no obligation on managers to